What's New
What's New includes the changes made during the year.
Some months will not have changes. Only the months with changes will display.
March 2020 (Applies to Mortgage)
As a part of our Construction enhancement, we have added the ability to calculate the Interest Only phase of a Construction or Construction/Perm Loan based on the full commitment amount as allowed by Appendix D of Regulation Z. To use this feature, select Calculate payments for construction loans based on the entire commitment amount in the Calculations Policy under Policies in Administration. Previously, we supported calculations only on half of the loan amount for the Interest Only phase of a Construction or Construction/Perm loans.